You live in an economy with the risk-free rate of 2% p.a. and the expected return on the market portfolio equal to 10% p.a. and volatility of 20% p.a. You are approached by a client whose target risk is 10% p.a. What is the expected return on the portfolio meeting that risk target?

a) 2%

b) .06

c) .10

d) 8%